Quote from: xbartoni on Today at 02:37:38 PM

Quote from: Cryptoprincess101 on November 15, 2024, 08:08:05 PM

[edited out]

Well said, everyone has more or less basic knowledge about Bitcoin before registering on the forum. Maybe many people think that newbies register with little knowledge but actually many newbies are found to be very experienced about Bitcoin. As Bitcoin is a huge topic, I think everyone from seniors to newbies in the forum should study the topic of Bitcoin properly and create an environment for newbies to come forward in the forum so that even newbies can reach the pinnacle of Bitcoin discussions.

Just like you did @xbartoni, anyone can participate in any thread that he wishes (once he has registered an account).

The level of knowledge and/or experience of each person is going to vary, so they can choose which threads in which to participate and also choose if they believe that they want to contribute.

Most likely almost anyone would have some abilities to participate, yet they might have writing difficulties and they also might need to consider if their participation is adding anything helpful to the conversation, so sometimes it might be better for newbies to read more and post less, yet there are still some newbies who are quite capable of jumping into the conversation, which also might include that they have identified an issue or they have a way of saying something (or a perspective) that adds to the discussion of the topic. Or maybe they read through a thread that has 2 or 3 pages, and they have some questions that they want to ask about the topic or about one or more of the posts. Contributions can come in a variety of ways and from a variety of experiential/knowledge levels, and we also get better at posting with experience (or at least it seems to be the case).

Sometimes also we are able to learn more from interacting rather than just reading, and our interaction adds value to others who are reading and sometimes may even inspire others to write a post rather than just reading the posts of others.

Sometimes we will also say dumb things, and we might not always know that they are dumb at the time that we post them, and it is better that we try to improve our style and to do some work to clarify our posts, yet in the end, it is still up to each of us to decide how much work to put into our posts, and other members might get mad at us if we are frequently writing really dumb posts, yet members will also tend to have tolerance for some posts being dumb, so we don't necessarily need to get too overly preoccupied about appearing dumb, since if we are actually trying to improve our posts and improve our ideas, it is likely we will get better with practice, and even long term members will say some dumb things from time to time, including this here cat.

To help with too much dumbness, frequently it can be helpful to attempt to verify some of the facts or maybe look up a topic if you are not sure if you are speaking accurately, or maybe read through another members post a few extra times or maybe read an article on the topic (or even looking up something on Google or wikipedia) can be helpful to ensure that we are not saying things that are really inaccurate and would make us look even dumber if we say them as if they are true when they are not...

Sometimes we can explain why we have a certain conclusion by describing fact a, b and c leads me to believe in conclusion x and y. So if we explain how we arrived at our conclusion, at least some other member might be able to see why we are making a mistake, in the event that we end up being wrong in one or more of our conclusions... or maybe we got our facts wrong, or we failed to account for facts d and e.

Quote from: Ruttoshi on Today at 04:54:28 PM

Everything this thread is talking about on bitcoin investment cannot be gotten easily from the internet and thank God for brilliant bitcoin OG investors like JJG, that has being around the forum to teach and put new bitcoin investors through on how to start their bitcoin investment with the righy strategy and also motivating you to get started easily. I think if you ask me the best thing that I have gained for being a member here after the knowledge is that I am on my bitcoin investment journey which I will not stop buying till I reach my bitcoin target.

I wouldn't have known and understand how to use the three bitcoin accumulation strategy which is DCA, lump sum and buy at dip at the right time. Maybe, I might be doing the wrong thing if not for this forum. Knowing the best self custody wallet to use for your bitcoin and how to keep your bitcoin safe is also easy learning from here, because there is room for discussions and ask questions.

These are all good points, and I would imagine that most likely you learned a lot more from your bitcoin investment once you got started and once you started to apply the ideas of investment to your own circumstances, so in that sense, when you read some investment related ideas that seemed to make sense, you might not have had really understood the ideas very well until you put them into practice in your own life circumstances. After you put some of them into practice, they started to make more sense, and also you started to both come up with your own ideas that you could share with other forum members, and some of those ideas/practices may well have had ended up playing out as your own tailorized approach that even you ended up understanding that it was your own variation of an approach that some other members might have to employ in a slightly different way in order to be at a similar level of benefits to them.

For example, maybe you started out investing into bitcoin, and you were not exactly clear about how much discretionary income you had and how your cashflow had quite a few irregularities during each month, so in the beginning you thought that you might only be able to buy bitcoin once or twice a month; however, after several months of DCAing into bitcoin and organizing your cashflow and your expenses in a more monitored kind of a way, you began to realize that there was a way that you could make sure that you held aside a budget so that you could invest a certain amount of dollar value into bitcoin every week, so long as certain cashflow and/or expense matters were at a certain level, and sure through months and months and months of applying your own practices, you then start to figure out ways to identify extra money that you have coming into your cashflow from time to time, and to then be able to treat that extra cashflow as a kind of bonus amount that you are able to invest into bitcoin and/or into your back up funds, yet prior to practicing, you would have had never been able to identify such extra cash and you likely would have had been way less efficient with how you allocated extra money that had come into your cashflow.

So my point is that ongoing practice helps to facilitate learning, and then as we practice, we can also come back to this forum (or various related threads), and we might either describe what we did in order to even learn from our explaining what we did to others who might be going through some similar kinds of balancing challenges and also challenges in terms of being able to identify whether they have enough money to buy bitcoin by recognizing the difference between discretionary income and income that they may well need to hold aside for their expenses, even though the expenses might not be arriving for a couple of weeks into the future, yet the money still might be considered as a kind of float money that is already needed for expenses and cannot be used until the expenses are identified and paid first... so the money may have differing categories, and we might not have had realized that the money has different categories until we spend time practicing putting the money into such categories, even if we are only doing it in our head or maybe we are writing it on paper or maybe we are using some kind of a spreadsheet (such as Excel).